Cambodia’s exports rise by 34.5% YoY in Jan-May 2022

Cambodia’s exports rose between January and May, according to Prime Minister Hun Sen, who recently told graduating students of the Royal School of Administration in Phnom Penh that about 500 garment factories are in full production now. The country exported $9,412.3 million worth of goods in the January-May period, a 34.5 per cent rise over the same period last year.

Statistics from the general department of customs and excise show production of garments—apparel, footwear and travel bags—during the period amounted to $4,483 in value, a 47.7 per cent of total export.

The United States was the biggest market for Cambodian products during the period, accounting for 57.7 per cent of the total exports. Imports during the period were worth $13,057 million, a 19.7 per cent increase year on year.

In full: https://www.fibre2fashion.com/news/apparel-news/cambodia-s-exports-rise-by-34-5-yoy-in-jan-may-2022-281351-newsdetails.htm

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